Money flowing into European equity ETFs

Stephen Cohen from iShares tells IG that through the recent turmoil, while money has been coming out of US tech, money has been flowing into European equity exchange traded funds. Stephen also discusses the outlook with US jobs and ECB rates.

share

anonymous

2015-09-02T10:50:26+0100

He says the European Central Bank has outlined its need to not import deflation, and highlighted the fact that it is focused on the euro. He therefore thinks Mario Draghi's comments on Thursday could potentially be bullish for the market. Meanwhile the Federal Reserve has to weigh up the recent events in China and the global economy and compare it to what is happening in its domestic economy.

Stephen thinks September is probably too early for a rate hike, but that we will see some movement before the end of the year.

Trade now

The information on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG Bank S.A. accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it and as such is considered to be a marketing communication.

CFDS are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please consider our Risk Disclosure Notice and ensure that you fully understand the risks involved.

The information on this site is not directed at residents of the United States and Belgium, or any particular country outside Switzerland and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please consider our Risk Disclosure Notice and ensure that you fully understand the risks involved.